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Chip equipment stocks surge after strong Lam Research, ASML results

SAN FRANCISCO (Reuters) – Shares of semiconductor equipment suppliers surged on Wednesday after quarterly earnings reports from Lam Research and …read more Source: Reuters Tech News

Britain loses $1.28 billion through VAT fraud and error by Amazon and eBay sellers

LONDON (Reuters) – A report by the British government auditor said the UK is losing up to 1 billion pounds …read more Source: Reuters Tech News

Alphabet’s Verily unit launches study to track health data

(Reuters) – Verily, Alphabet Inc’s life sciences business, said it was launching a four-year study with about 10,000 participants to …read more Source: Reuters Tech News

Beijing cyber regulators to summon Apple over live streaming: Xinhua

BEIJING (Reuters) – Internet regulators in China’s capital plan to summon Apple Inc to urge the American firm to …read more Source: Reuters Tech News

China’s ZTE appoints U.S. head Cheng as new mobile business chief

HONG KONG (Reuters) – China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone …read more Source: Reuters Tech News

Telecom Egypt to offer 2G and 3G services through Orange Egypt

CAIRO (Reuters) – Telecom Egypt will on Wednesday sign an agreement with Orange Egypt to offer 2G and 3G mobile …read more Source: Reuters Tech News

Imagination likely to see Apple royalties slashed, then end: UBS

FRANKFURT (Reuters) – Apple Inc is likely to pay graphics chip designer Imagination Technologies just one third of its current …read more Source: Reuters Tech News

China’s Ant Financial targets brand boost in SEAsia with helloPay deal

BEIJING (Reuters) – Ant Financial, the payment affiliate of Alibaba Group Holding Ltd , has acquired Singapore-based payment service helloPay …read more Source: Reuters Tech News

China EV makers to take on Tesla’s Model 3 through price, local manufacture

SHANGHAI (Reuters) – It’s not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car …read more Source: Reuters Tech News

Ford taking cautious approach to China electric vehicle market

SHANGHAI (Reuters) – Ford Motor Co is taking a cautious approach to producing electric and plug-in hybrid vehicles for the …read more Source: Reuters Tech News